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Candescent Technologies
To Make Flat-Panel Display

a Wall Street Journal Staff Reporter

Updated Nov. 19, 1998 1:09 a.m. ET

SAN JOSE, Calif. -- After more than a decade of South Korean and Japanese domination of the flat-panel display market, a small U.S. company plans to break ground here for the nation's first large-scale flat-panel display production plant.

Candescent Technologies Corp., a closely held company with some large high-tech backers, plans to begin construction today of the $400 million production facility. When the plant is completed, the...